Southampton Hospital Association retirement plan: assets, participants and fees
What Southampton Hospital Association's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Fustcharles LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 244 pension plans in health care and social assistance with 100 to 499 participants.
| Southampton Hospital Association: employer contribution per participant | $175 | |
| Peer median | $4,278 |
| Southampton Hospital Association: average balance | $64,860 | |
| Peer median | $54,771 |
| Southampton Hospital Association: admin expenses ÷ assets | 0.65% | |
| Peer median | 0.50% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $32M at the end of plan year 2021 to $21.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 336 | $21.8M | $59K | $175 | 0.65% | Not published | Form 5500 ↗ |
| 2023 | 394 | $25.5M | $375K | $951 | 1.33% | Not published | Form 5500 ↗ |
| 2022 | 402 | $24.6M | — | — | 0.75% | Not published | Form 5500 ↗ |
| 2021 | 405 | $32M | — | — | 0.72% | Not published | Form 5500 ↗ |
Common questions
Does Southampton Hospital Association match 401(k) contributions?
The match terms for the Retirement Plan for Employees of Southampton Hospital Association have not been published from its filing yet. The plan year 2024 filing reports $59K in employer contributions, about $175 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southampton Hospital Association 401(k) match vested?
The vesting schedule for the Retirement Plan for Employees of Southampton Hospital Association is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southampton Hospital Association 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Southampton Hospital Association.
I left Southampton Hospital Association. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southampton Hospital Association, (631) 726-0386) or the recordkeeper, Principal Life Insurance Company. The Southampton Hospital Association old 401(k) page lists the contacts from every plan filing. Find an old Southampton Hospital Association 401(k)
Data from the public Form 5500 annual reports Southampton Hospital Association filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Southampton Hospital Association. Not financial advice. Report a correction · Methodology